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Search Results for "rail"

Brazilian miner Bahia Mineracao wins Fiol railway concession

By: Reuters     9th April 2021 Brazilian miner Bahia Mineracao won a government auction on Thursday for a concession to operate a segment of the East-West Integration Railway (Fiol), which will allow the company to more easily ship iron ore from its mine to a coastal port. Bahia Mineracao, a subsidiary of Kazakhstan's... 

Gauteng launches R23bn infrastructure project book

By: Simone Liedtke     9th April 2021 The Gauteng Department of Roads and Transport has published its priority projects, valued at R23-billion, for delivery in the next ten years as part of its contribution to an infrastructure-led economic recovery. Of the 67 projects, 13 are private developer contribution projects valued at... 

Anglo American to demerge South African thermal coal assets

By: Martin Creamer     8th April 2021 Diversified mining and marketing company Anglo American is to demerge its South Africa thermal coal operations, the company said on Thursday. The demerger is subject to the approval of Anglo’s shareholders on May 5. Anglo American Coal South Africa CEO and World Coal Association chairperson July... 

Backed-up infrastructure pipeline a concern

By: Darren Parker     2nd April 2021 The Covid-19 pandemic has had a worrying impact on the outlook for infrastructure projects, with the expected “backed-up pipeline” a growing concern, says engineering and infrastructure consultancy company SMEC South Africa structures functional GM John Anderson. “While there are obvious... 

Allegiance readies for April start at Colorado coal mine

By: Esmarie Iannucci     30th March 2021 Coal production at the New Elk mine, in Colorado, is on track to start in late April this year, with first shipments targeted for June, project developer Allegiance Coal reported. The company told shareholders that based on production schedules, some 80 000 t of coal would be delivered to... 

Beryl Group acquires 100% stake in Eyethu Coal

By: Donna Slater     29th March 2021 Pan-African diversified investment company Beryl Group has acquired Africoal’s stake in Eyethu Coal, effectively making the group the 100% shareholder in Eyethu Coal.

Eyethu Coal was established in 2004. It has six operational mines, with expansion plans for several new operations under... 

Weekly Coal Index Report

FOB RBCT is back over $100/t, for the first time since October 2018. However, RB1 coal prices in rand terms have reached an all-time high, at around R1 500/t. The bulls are truly back in the driving seat with physical premiums for RB1 at around $6 higher than paper prices. Of course, much of this... 

Key Australian coal rail line to Newcastle fully reopens following floods

By: Reuters     26th March 2021 Australian Rail Track Corp (ARTC) said on Friday it has fully reopened the Hunter Valley coal rail line to Newcastle, the world's biggest coal export port, after flood waters receded in New South Wales. The line was shut for nearly a week amid the worst rainfall in more than 50 years, and partly... 

Santo Domingo gold stream, port and potential rail deals could cut capex by $700m

By: Mariaan Webb     26th March 2021 Vancouver-based Capstone Mining on Thursday announced three agreements to advance the Santo Domingo project, in Chile, including a $290-million gold stream with Wheaton Precious Metals, a binding port deal and the consolidation of its ownership in the project. The $1.5-billion copper project... 

Africa urged to update vision for unlocking development from mineral resources

By: Tasneem Bulbulia     26th March 2021 Africa’s extractive industry can support the continent’s resilience and sustainable growth during and beyond the ongoing Covid-19 pandemic. This will, however, require appropriate social and economic development linkages that meet national and regional development objectives. Policy frameworks,... 

Company designs, manage transloading station

Project engineering, construction and operations management group Bosch Holdings was appointed as the consulting engineer for the design and project management of a new cane transloading station in Mkuze, after the completion of a feasibility study. The new facility will assist small-scale... 

Coal project to benefit Botswana

By: Theresa Bhowan     26th March 2021 Botswana coal mining company Maatla Resources, recently awarded a mining licence for the development of the Mmamabula project, says the project will offer several benefits to the country such as strengthening its coal industry, and increasing trade and government revenues. “Botswana’s reliance on... 

Africa urged to update vision for unlocking development from mineral resources

By: Tasneem Bulbulia     26th March 2021 Africa’s extractive industry can support the continent’s resilience and sustainable growth during and beyond the ongoing Covid-19 pandemic. This will, however, require appropriate social and economic development linkages that meet national and regional development objectives. Policy frameworks,... 

Australian coal rail line to Newcastle port partly reopens as flood waters recede

By: Reuters     24th March 2021 Australian Rail Track Corp (ARTC) said on Wednesday it has partially reopened the Hunter Valley coal rail lines to Newcastle, the world's biggest coal export port, after nearly a week of heavy rain stopped in New South Wales state. Coal rail deliveries to the Port of Newcastle, which last year... 

Australian coal exports disrupted as deluge shuts rails, slows port

By: Reuters     22nd March 2021 Coal deliveries to Australia's Port of Newcastle, the world's biggest coal export port, have been halted because flooding in the Hunter Valley region has shut rail lines, with heavy rains also slowing ship movements at the port. Heavy rains along Australia's east coast over several days have... 

WBHO sees a tripling of civils and road project pipelines

By: Irma Venter     19th March 2021 The pipeline of civil engineering projects in which Wilson Bayly Holmes-Ovcon (WBHO) hopes to participate has “recently nearly tripled” to R27-billion, up from R10.5-billion in June last year, says CEO Wolfgang Neff. This pipeline only includes contracts that WBHO believes will be awarded in the... 

DRC seen playing key role in unleashing AfCFTA-linked value chains

By: Schalk Burger     19th March 2021 Trade and development experts have detailed the key role the Democratic Republic of Congo (DRC) can play in providing mineral resources for industrial and manufacturing value chains, supporting agricultural and agroprocessing value chains and serving as an epicentre for intra-Africa trade to... 

Steps being taken to improve manganese export logistics – ARM

By: Martin Creamer     19th March 2021 Steps involving the use of two ports rather than one, longer trains and increased rail wagon payload are being studied to improve the logistics surrounding the export from South Africa of manganese ore. State-owned rail enterprise Transnet has put on hold the capital expansion plan centred on the... 

State-of-the-art simulations help optimise pit-to-ship projects

By: Creamer Media Reporter      16th March 2021 Africa hosts about 30% of the world’s total mineral reserves and a higher share of diamonds, vanadium, manganese, platinum, cobalt and gold deposits. However, unlocking the true potential of the continent’s metals and minerals industry also hinges upon the ability to efficiently move product from... 

Labrador Iron says PEA supports plan to resume iron-ore production

By: Mariaan Webb     10th March 2021 Canada’s Labrador Iron Mines has completed a preliminary economic assessment (PEA) for its Houston project, located in the Labrador Trough region near Schefferville. The results of the PEA support the company’s plan to resume iron-ore production with low restart capital of C$86.8-million and... 

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